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Oct. 03, 2025: JCR Withdraws BBB+ FC Long-term Issuer Rating on Leonteq Securities

Oct. 02, 2025: JCR Affirmed A+/Stable and J-1 on Denka; JCR Affirmed AA/Stable Long-term Issuer Rating on Sumitomo Mitsui Trust Group and Sumitomo Mitsui Trust Bank; JCR Affirmed AA/Stable and J-1+ on Sumitomo Mitsui Trust Panasonic Finance; JCR Affirmed AA/Stable (FC) and AA+/Stable (LC) on Korea; JCR Affirmed AAp/Stable (FC) and AA+p/Stable (LC) on Korea Development Bank; JCR Affirmed AA/Stable (FC) and AA+/Stable (LC) on Korea Electric Power; JCR Affirmed AAA/Stable (FC/LC) on Belgium; JCR Assigned A Rating to Bonds of AEON Financial Service; The Bank of Yokohama: Second Party Opinion on Sustainability Linked Loan Framework

Oct. 01, 2025: JCR Affirmed AA-/Stable and J-1+ on Sumitomo Mitsui Auto Service; Assigned Preliminary AA- to Shelf Registration; JCR Assigned AA- Rating to Bonds (Tier 2 with loss absorption clause) of Sumitomo Mitsui Financial Group; JCR Assigned Preliminary A Rating to Shelf Registration of Nisshin OilliO Group

Sep. 30, 2025: Disclaimer of Opinion in the Audit Report Concerning the Securities Report of NIDEC - JCR Will Watch Impact on Consolidated Financial Statements; JCR Upgraded Long-term Issuer Rating on Sanrio to A/Stable; JCR Affirmed A/Stable Long-term Issuer Rating on NISHIMATSUYA CHAIN; JCR Affirmed A/Stable on Starts Proceed Investment Corporation; JCR Assigned Preliminary AA- Rating to Shelf Registration of Mizuho Leasing; [ Asset Securitization Products ] JCR Assigned A+ to Citigroup Global Markets Holdings Inc. Series 2025-41; [ Asset Securitization Products ] JCR Assigned BBB to Montgomery Asset Holding DAC Series 2024-04; [ Asset Securitization Products ] JCR Assigned A to Commitment Line of Trust ABCL (7361); JCR Assigned A to SPIRE SA Series 2025-249; JCR Assigned A to SPIRE SA Series 2025-281; JCR Assigned AA- to SPIRE SA Series 2025-25; ORIX Bank: Reviewed Sustainability Finance Framework Evaluation: SU 1(F); Tokyo Century: Second Opinion on Self-Assessment Positive Impact Finance Framework; Chuo-Nittochi Group: Post-issuance Verification Report on Sustainability Linked Bond; Kawasaki Heavy Industries: Post-execution Verification Report on Sustainability Linked Loan; WEINS TOYOTA KANAGAWA and WEINS ASSET: Second Party Opinion on Sustainability Linked Loan Framework; AEON Mall, Sumitomo Mitsui Trust Bank: Second Opinion on Positive Impact Assessment; COLUMBIA WORKS, The Chiba Bank: Second Opinion on Positive Impact Assessment; Mikazuki Kogyo, The Chiba Bank: Second Opinion on Positive Impact Assessment; Well Create, The Chiba Bank: Second Opinion on Positive Impact Assessment; Yorii construction, The Ashikaga Bank: Second Opinion on Positive Impact Finance; Hokken, The Ashikaga Bank: Second Opinion on Positive Impact Finance; YAMAICHI DENKI, The Bank of Kyoto: Second Opinion on Positive Impact Finance; DEN-KICHI, THE SAITAMAKEN SHINKIN BANK: Second Opinion on Positive Impact Finance; PORITE, THE SAITAMAKEN SHINKIN BANK: Second Opinion on Positive Impact Finance; TAIYO SYOKO, THE SAITAMAKEN SHINKIN BANK: Second Opinion on Positive Impact Finance; UEOKA KINZOKU KOGYO, San ju San Bank: Second Opinion on Positive Impact Finance; CREATE JAPAN, San ju San Bank: Second Opinion on Positive Impact Finance; FELIX, THE SHIZUOKA BANK: Second Opinion on Positive Impact Finance; FTF, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; NHP SOLUTION, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Helios Net, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; WAYS, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; KURADASHI, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; Clover Cosmake, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; KM CLOTHING, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; SONIC FLOW, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; DAIKO, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; TRY International, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; GENKI-JAPAN, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; OGATA SHOUTEN, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; ISHIHARA-METAL MANUFACTYRING, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; DAIKO PRINTING, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; NDTC, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; FUJIUNSOU, The Shoko Chukin Bank: Second Opinion on Positive Impact Finance; entremets kumamoto KAJU, The Shoko Chukin Bank and The Kumamoto Dai-ichi Shinkin Bank: Second Opinion on Positive Impact Finance; KOZEN HONTEN, The Chiba Bank: Second Opinion on Positive Impact Finance; Machida HD, The Nanto Bank: Second Opinion on Positive Impact Finance; NAWAKENSETSU, The Nanto Bank: Second Opinion on Positive Impact Finance; YUDAI TRANSPORT, The Nanto Bank: Second Opinion on Positive Impact Finance; SHOEI MFG, The Nanto Bank: Second Opinion on Positive Impact Finance; TBM, The Hachijuni Bank: Second Opinion on Positive Impact Finance; Dearness, The Hokkaido Bank: Second Opinion on Positive Impact Finance; YAMATO KOGYO, The Hokkaido Bank: Second Opinion on Positive Impact Finance; Tonami Satellite communications Television, The Hokuriku Bank: Second Opinion on Positive Impact Finance; REMBRANDT HOLDINGS, The Yamanashi Chuo Bank: Second Opinion on Positive Impact Finance; Kagisan, The Bank of Yokohama: Second Opinion on Positive Impact Finance; KIJIMA, The Bank of Yokohama: Second Opinion on Positive Impact Finance